I just completed our first FASFA for 2007-2008. Pretty depressing, even though I have done just about everything to shield the assets. I think it has more to do with our annual income than anything.

Our EFC is so high, we'll probably not get anything, but certainly do not have enough savings to pay for most of the colleges on our D's list. She'll be having to take out some serious loans, which we will help her with as we can, but she will still carry a pretty heavy burden. That is unless she gets some merit scholarship money for her accomplishments in High School....